The 6 largest automobile companies in 2024 are headquartered in Europe and Japan. US auto companies began to decline in the 1980s for failing to solve their quality problems and failing to build cars with higher mpg.
US Auto Companies are in trouble again and are stuck with EVs nobody wants. The winners in Europe are Germany, Netherlands and UK. The winner in Asia is Japan.
Brand $ Revenue HQ
Volkswagen AG 284.34B
Germany
Toyota 270.58B Japan
Stellantis 181.58B Netherlands
British Leyland 174.23B
UK *
Mercedes Benz 165.68B
Germany *
BMW 162.76B Germany *
Ford 151.74B US
GM 147.21B US
Honda 126.17B Japan
Hyundai 121.25B S Korea *
Tesla 74.86B US
Nissan 73.73B Japan
Audi 72.00B Germany
Kia 66.53B S Korea *
Volvo 52.00B Sweden
*
BYD ltd 51.37B China
Porsche 34.6B Germany
Subaru 27.93B Japan *
· * Missing
from list on website below
China was the largest manufacturer of automobiles, with 30.16 million autos built in 2023. The largest automotive companies obviously have manufacturing plants in the countries where they have sales
Automobile Production in
Millions / Thousands
Country Autos Year
China 30.160M 2023
US 10.060M 2022
Japan 7.836M 2022
India 5.457M 2022
S Korea 4.244M 2023
Germany 3.678M 2022
Mexico 3.509M 2022
Brazil 2.370M 2022
Spain 2.220M 2022
Thailand 1.884M 2022
Indonesia 1.470M 2022
France 1.383M 2022
Turkey 1.353M 2022
Canada 1.229M 2022
Czech R 1.224M 2022
Iran 1.064M 2022
Slovakia 1.000M 2022
UK 1.025M 2022
Italy 796K 2022
Malysia 702K
2022
Russia 720K 2023
S Africa 556K
2022
Argentina 537K
2022
Romania 513K
2023
Poland 484K
2022
Moracco 465K
2022
Hungary 442K
2022
Uzbekistan 334K
2022
Portugal 322K
2022
Belgium 277K
2022
Taiwan 261K 2022
Sweeden 239K
2022
Pakistan 235K
2022
Vietnam 232K 2022
Kazakhstan 112K 2022
Austria 107K 2022
Netherlands 101K 2022
Philippines 92K 2022
Finland 73K
2022
Slovenia 68K
2022
Colombia 51K 2022
https://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_production
Comments
In the 1970s, most automobiles
sold to US consumers were made in the US at GM, Ford and Chrysler. Chrysler was bought by Fiat and ended up with
Stellantis in the Netherlands. In the 1960s, we saw VW Beetles and Vans and
Mercedes and Jaguars. In the 1980s we saw Toyota and Honda take market share
from US automakers. By the 2000s, it looked like US automakers would fail to
recover from competition from Japan and S Korea.
Rolls Royce revenue in 2023 was 5.7B pounds.
China is the big winner in Asia with a population of 1.4 billion. The Chinese all buy Chinese cars. In 2022, 65% of Chinese families lived in Urban Cities and 51% had a car. China’s per capita GDP is $12,000 per year.
Norb Leahy, Dunwoody GA Tea Party Leader
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